Chicago Mercantile Exchange grain prices fell on Wednesday August 7, with the November CME soybean futures contract decreasing by 8 cents per bushel to settle at $10.18 per bu and September soymeal dropping by $7 per short ton to $323.60 per ton.
Meanwhile, the September CME corn futures contract declined by 5.50 cents per bu to $3.83 per bu, and September wheat futures fell by 5 cents per bu to $5.38 per bu.
Wheat middlings prices in Minneapolis declined on Wednesday, while Kansas City and Buffalo prices held steady. Market participants noted that prices continue to be under pressure due to a lack of demand.
Weekly ethanol update
Weekly average ethanol production in the US was 1.06 million barrels per day in the week to August 2, down by 42,000 bpd from a record-setting 1.11 million bpd a week earlier but up by 4.3% year on year, according to reports by the US Energy Information Administration on…
11.27.2024
Regional biodiesel prices stable amid low buying, selling interest
Regional biodiesel prices were stable on Wednesday November 27 amid low buying and selling interest.
Biofuel markets in general have slowed ahead of the implementation of the Clean...
11.27.2024
US animal fats and oils markets quiet amid Thanksgiving holiday; ethanol, DCO production hits record high
The US animal fats and oils markets was steady on Wednesday November 27, as trading was subdued ahead of the Thanksgiving holiday.
The...
11.27.2024
US animal protein November price average higher month on month
US animal proteins were steady on Wednesday November 27. Light trade was reported from market sources on the last day ahead of the extended Thanksgiving holiday weekend.
November...